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    2459 Armitage Avenue

    Chicago, IL 60647
    • $995,000
    • STATUS: Active
    • ON SITE: 989 days
    • MLS #: 09824000
    UPDATED: 53 min ago
    $995,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,781
      SQFT
    • $172
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Brick building w/ 125' of curb exposure has two retail spaces on the ground floor and two large apartments above (3BD/4BD). Corner exposure also presents signage opportunity for additional income. Residential units are leased and recently renovated with SS appliances, granite counters, HW flooring, and refinished bathrooms. Both commercial tenants come with 3-5% annual increases. Separately metered where tenants pay their own utilities, and no landscaping expense for the building. Building has many improvements such as brand new windows throughout, as well as glassblock windows, and improvements to electrical, plumbing & central HVAC. Great location in Bucktown right on Armitage Ave and next to Milwaukee Ave; immediate access to CTA Western Blue Line and I-90/94 highway. Surrounded by lots of retail & commercial activity that attract plenty of foot traffic, and neighborhood is continuously improving.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-18T17:56:53.69 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2459 Armitage Avenue Chicago, IL 60647

    • Price: $995,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 09824000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,781
    SQFT
    $172
    $/SQFT
    1920
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Brick building w/ 125' of curb exposure has two retail spaces on the ground floor and two large apartments above (3BD/4BD). Corner exposure also presents signage opportunity for additional income. Residential units are leased and recently renovated with SS appliances, granite counters, HW flooring, and refinished bathrooms. Both commercial tenants come with 3-5% annual increases. Separately metered where tenants pay their own utilities, and no landscaping expense for the building. Building has many improvements such as brand new windows throughout, as well as glassblock windows, and improvements to electrical, plumbing & central HVAC. Great location in Bucktown right on Armitage Ave and next to Milwaukee Ave; immediate access to CTA Western Blue Line and I-90/94 highway. Surrounded by lots of retail & commercial activity that attract plenty of foot traffic, and neighborhood is continuously improving.
    Exterior Features

    Construction BrickWood Frame Foundation Concrete Frontage Access City Street Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 0 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm Monitored Floor Finish Wood Number Of Apts 2 Number Of Dishwashers 2 Number Of Dryers 1 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 2 Number Of Stories 2 Number Of Washers 1

    Property Features

    Age New Rehab Built Before1978 YN Yes Current Use Commercial Electric Expense Source Combination Electrical Service Circuit Breakers Electricity Expense 540 Expense Year 2019 Exterior Building Type Aluminum Siding Fuel Expense 0 Fuel Expense Source Actual Geographic Locale Chicago North Gross Rental Income Amount 104325 Heat Ventilation Forced AirGasSteam Insurance Expense 2765 Insurance Expense Source Actual Net Oper Income Amount 73645 Net Operating Income Year 2019 Number Of Tenants 4 Other Expense Source Combination Other Expenses 9566 Possession Closing Potential Use CommercialRetail Rental Price 0 Tax Year 2018 Taxes 12359 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 27550 Total Annual Expense Source Combination Total Annual Income 104325 Total Monthly Income 8694 Township North Chicago Utilities To Site Electric To SiteGas To SiteWater To Site Washer Dryer Lsd YN No Water Drainage Floor Drains Water Expense 1180 Water Expense Source Combination Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Chicagoland Brokerage, Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-18T17:56:53.69 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Angela Walker Homes Real Estate Group
    1547 Westchester Blvd.
    Westchester IL, 60154